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Du Xiaoman's Insurance Broker Is Fined USD78,000 for Deceiving Clients, Misusing Terms

Du Xiaoman's Insurance Broker Is Fined USD78,000 for Deceiving Clients, Misusing Terms
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Voices of July: "Henan Banks, Return Our Savings!" - China Digital Times (CDT)

Voices of July: "Henan Banks, Return Our Savings!" - China Digital Times (CDT)
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Focusing on Urban Renewal and Industry Transformation Shijingshan Events on CIFTIS 2022 Kicks off

BEIJING, Aug. 30, 2022 /PRNewswire/ -- From August 31st to September 5th, the 2022 China International Fair for Trade in Services (CIFTIS) will be...

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Officials to release money to customers after China bank protest

Authorities in China's Henan province say they will start releasing money to customers who have had their funds frozen by several rural banks, the BBC reported.The announcement came just a day after a rare protest in Henan's capital, Zhengzhou, ...

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Xi's Crackdown on China's Financial Sector Reveals His Political Predicament

Nearly 100 high-level Chinese officials in the financial sector have been investigated since the beginning of this year.

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Waterdrop Inc. (WDH) Q2 2021 Earnings Call Transcript

Waterdrop Inc. (WDH) Q2 2021 Earnings Call Transcript
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Chinese capital Beijing cracks down on illegal use of loans for real estate


Chinese capital Beijing cracks down on illegal use of loans for real estate
01/30/2021 | 09:50pm EDT
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BEIJING, Jan 31 (Reuters) - Financial authorities in the
Chinese capital of Beijing will launch a city-wide probe into
illegal flows of funds from personal loans into the real estate
sector, the official Xinhua new agency reported on Sunday.
The Beijing Banking and Insurance Regulatory Bureau has told
all banks to conduct compliance checks on all personal
consumption loans and business loans given to individuals since
the second half of 2020, Xinhua said, citing an official at the
bureau.
Banks are to immediately rectify any problems uncovered and

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